“This update makes it clear the NDP has no credible strategy to restore confidence, strengthen growth, or ease the financial pressure felt by regular people every day.”

– Peter Milobar, MLA for Kamloops Centre, Critic for Finance

VICTORIA, BC: Conservative Finance Critic Peter Milobar warns British Columbians that the latest NDP economic update offers little reassurance, confirming slower economic growth and mounting financial pressure on British Columbians. The government’s own forecast downgrades 2026 real GDP growth from 1.9% to 1.5%, reflecting the same weakening trends highlighted in the Second Quarterly Report.

“Despite the minister’s upbeat messaging, the fundamentals are clearly softening,” said Milobar. “We’re seeing weaker consumer spending, softening job numbers, and the impact of mortgage renewals, all while families are already stretched to the limit.”

Milobar said the NDP continue to rely on optimistic rhetoric about “potential,” while failing to address real economic headwinds; from affordability to declining investment, and the ongoing toll of US tariffs on trade-exposed sectors like forestry.

“British Columbians don’t need more NDP spin, they need a clear plan,” Milobar said. “This update makes it clear the NDP has no credible strategy to restore confidence, strengthen growth, or ease the financial pressure felt by regular people every day.”

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Media Contact:
Robert Eales, Communications Officer
Robert.Eales@leg.bc.ca
+1 (778) 967-2818